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Alberta Green Ventures buying at NXT Energy Solutions (T:SFD)

Updated Monday May 28, 2018 02:16 AM EDT

Alberta Green Ventures GP Inc., a 10% Holder, acquired 2,164,502 Common Shares on a control or direction basis for registered holder Alberta Green Ventures Limited Partnership at a price of $0.924 through a prospectus or prospectus exempt offering on May 15th, 2018. The insider also acquired 721,500 Warrants with an exercise price of $1.200 for 12 months. This represents a $2,000,000 net investment into the company's shares and an account share holdings change of greater than 100%.

NXT Energy Solutions is in the Oil Related Services and Equipment Sub Industry Group under the Energy Sector.

NXT Energy Solutions Inc. provides aerial survey service to the oil and natural gas exploration and production industry. The Company's Stress Field Detection (SFD) survey technology is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential. The Stress Field Detection (SFD) survey technology is based on detecting subtle changes in earth's gravitational field from an airborne platform. SFD data acquired is analyzed and can be used to find variations in sub-surface geological stress patterns, which are indicators of potential reservoir and trap formations. The Company's aerial SFD surveys provide a method for clients to focus their decisions related to land commitments and the acquisition of seismic data that is used to locate and delineate exploration prospects. SFD is the airborne tool that provides information on areas conducive to fluid entrapment in the sedimentary column.

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Go to NXT Energy Solutions Inc. (SFD)'s company page

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